1 Bannerman Street, Bendigo, Vic 3550

$500,000 - $550,000

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
1,011 mΒ²
Area

Published on Tuesday, June 23, 2026 ( See property details for 1 Bannerman Street, Bendigo, Vic 3550)

$500,000 - $550,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 2-bedroom weatherboard home on a substantial corner block in Bendigo, offering renovation, development, and investment opportunities with future potential.

🏑 Property Highlights

  • Generous corner allotment of approximately 1,011sqm offering development potential
  • Existing 1940s weatherboard home with original character and scope for renovation
  • Excellent side access and outdoor space suitable for subdivision or redevelopment (subject to council approval)
  • Prime location in Bendigo with future upside for investors, developers, and land bankers
  • Potential for enhanced rental income through renovation and modernisation
  • Adjoining property at 3 Bannerman Street available for sale, creating further development opportunities

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Garage / Secure Parking
  • Shed
  • Ceiling Fans
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area / Balcony
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1 Bannerman Street
Bendigo, VIC 3550
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Vertical aerial view β€” 1 Bannerman Street
1 Bannerman Street — Vertical Aerial  •  Bendigo, VIC 3550  •  Nearmap © 2026

Bendigo is a vibrant regional city renowned for its rich history, thriving arts scene, and strong community spirit. The suburb offers excellent amenities, parks, and transport links, making it ideal for families, investors, and developers. Its strategic location provides future growth prospects, while the established infrastructure supports a convenient lifestyle. With a mix of heritage charm and modern development, Bendigo continues to attract those seeking a balanced and dynamic community.

What are the renovation possibilities for this property?
The existing home offers a solid foundation with high ceilings, decorative cornices, and generous room sizes, providing ample scope for renovation, modernisation, and character restoration.
Is subdivision or redevelopment feasible on this site?
Yes, the large corner allotment with side access presents potential for subdivision or redevelopment, subject to council approval and planning regulations.
What are the key features that add value to this property?
The property's substantial land size, corner position, existing shedding, and potential for future development significantly enhance its value and appeal.
Can the adjoining property be purchased together?
Yes, the neighbouring property at 3 Bannerman Street is also available for sale, offering the opportunity to secure a larger landholding for development or investment.
What is the condition of the current home?
The home is largely original from the 1940s, offering a character-filled base for renovation, with features like high ceilings, decorative cornices, and a fireplace.
Are there any existing planning restrictions or easements affecting the property? What are the potential costs involved in renovating or subdividing the property? Are there any known issues with the property's structure or services? Has the property been affected by flooding or bushfire risks? Are there any upcoming developments or planning proposals in the area that could impact the property’s value?

1 Bannerman Street, Bendigo, Vic 3550 - More Details

$500,000 - $550,000

Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
1,011 mΒ²

Price guide

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